Search Results for: oil
Asia stocks, euro hit as ECB takes hard line on Greek debt
February 5th, 2015
Asian stocks were mostly lower and the euro slipped on Thursday after the European Central Bank said it would not accept Greek bonds as collateral – a robust early response to Athens’s efforts to renegotiate bailout terms with creditors. ...
UAE’s NBAD launches market-making on Abu Dhabi bourse
February 3rd, 2015
National Bank of Abu Dhabi (NBAD) officially began market-making – quoting buying and selling prices – on the Abu Dhabi stock exchange (ADX) on Tuesday, aiming to boost trading volumes. The bank, the largest lender by assets in the ...
Investors Pour Record Amount Into European High-Yield Bond Funds
February 3rd, 2015
Over €1 billion Moved Into European High-Yield Bond Funds in Week Ending Jan. 28. Mario Draghi plans to get Europe’s economy up and running, but he has also sent investors stampeding into riskier corners of the region’s bond market. Investors ...
Asia sags on growth worries, Aussie slides as RBA eases
February 3rd, 2015
Asian stocks sagged on Tuesday amid ongoing growth concerns, while the Australian dollar plumbed six-year lows after the Reserve Bank of Australia cut interest rates to a record low. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent after the latest batch ...
Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision
February 3rd, 2015
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015. Growth in the global economy continued at a moderate pace in 2014. China’s growth was ...
Potential For Deflation Is Becoming A Big Threat For 2015
February 2nd, 2015
The fears after 2001 were that the Fed’s easy money policies to pull the economy out of the 2001 recession, followed by even more easing, including the near-zero Fed Funds rate instituted after the 2008 financial meltdown, would result ...
Russian Central Bank Defends Its Independence After Surprise Rate Cut
February 2nd, 2015
Ruble Slides Lower Against the Dollar The Bank of Russia has defended its independence after Friday’s surprise cut in interest rates raised concerns about the influence of the Kremlin, industrialists and bankers over the central bank’s policy. Amid complaints ...
Central Bank of Russia press release
February 2nd, 2015
Central Bank of Russia issued a press release informing: On including securities in Bank of Russia Lombard list Pursuant to the decision of the Bank of Russia Board of Directors of 30 January 2015, the following securities were included ...
Bank of Russia released on key rate
January 30th, 2015
Bank of Russia issued today a notice informing that: On 30 January 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 17.00 to 15.00 percent per annum due to the shift in the ...
Markets mixed after Fed statement
January 29th, 2015
US stocks fell sharply on Wednesday after Federal Reserve reiterated its plans to hike interest rates sometime in 2015. The Federal Reserve boosted its assessment of US economy as it described the expansion as “solid”, an improvement over the ...
